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Estée Lauder said it is acquiring longtime partner Tom Ford for $2.8 billion USD ‼️💸 Following a 15+ year partnership, Tom Ford and Estée Lauder launched Tom Ford Beauty brand together in 2006. “As an owned brand, this strategic acquisition will unlock new opportunities and fortify our growth plans for Tom Ford Beauty,” Estée Lauder Companies President and CEO Fabrizio Freda explained in a statement. Tom Ford, designer, founder, and CEO of his label will continue as the brand’s “creative visionary” through the end of 2023. Y’all rockin with this deal ⁉️👀 -
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Posted on Instagram at
11/16/2022, 3:34:40 PM
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